⚡ Gov. Mikie Sherrill signed the Power NJ Act after lawmakers approved it unanimously.
➡️ Developers must secure federal financing and state approval before any project begins.
🔴 Nuclear power already provides about 40% of NJ’s electricity, out of Salem County.
TRENTON – New Jersey has cleared the way for new nuclear power development with legislation signed Monday by Gov. Mikie Sherrill, following its rare, unanimous passage by state lawmakers.
Ratepayers will not pay anything until a new project is built, most likely not until a number of years to come, according to the governor during the signing ceremony.
As of July, New Jersey has two existing, operating nuclear power plants…